PPS Integrated Report 2021 Notes to the Consolidated Financial Statements | 176 Notes to the Consolidated Financial Statements (continued) for the year ended 31 December 2021 19. RETIREMENT BENEFIT OBLIGATIONS Group 2021 2020 R’m R’m Statement of Financial Position obligations for: – post-retirement medical benefits 5 6 5 6 Statement of profit or loss and comprehensive income charge for (note 28): – post-retirement medical benefits – 1 – 1 Post-employment medical benefits The Group provides for the unfunded post-retirement healthcare benefits of those employees and a small number of retirees employed before 4 October 1999, as well as their spouses and dependants. The entitlement to post-retirement healthcare benefits is based on an employee remaining in service up to retirement and completion of a minimum service period. The amounts recognised in the Statement of Financial Position were determined as follows: Group 2021 2020 R'm R'm Present value of unfunded obligations 5 6 Liability in the Statement of Financial Position 5 6 The latest actuarial valuation of the Group’s post-employment benefits, carried out at 31 December 2021 indicated a present value of projected future benefits amounting to R5.1 million (2020: R5.9 million).
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